Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❕NEWS A US Attorney Warns People Against Fraud

NoLimits15

Gold Member
LV
0
 
Joined
Jan 5, 2020
Messages
455
Reaction score
39
Points
35
Age
26
Location
Bangladesh
BMF Points
$1,035
Rating - 0%
0   0   0
US Attorney General named William Barr warned people against crypto fraud that is becoming a widespread problem nowadays. He published a report where he wrote about the possible dangers of cryptocurrencies and how criminals use crypto to purchase drugs and other illegal materials. He also said that if crypto is used in the right way, it can help the US economy develop further. So guys just be safe on the internet!
 
One thing is that no matter how people are warned against using crypto for criminal use they will not still change , I think some people will never believe until they get scammed
 
US Attorney General named William Barr warned people against crypto fraud that is becoming a widespread problem nowadays. He published a report where he wrote about the possible dangers of cryptocurrencies and how criminals use crypto to purchase drugs and other illegal materials. He also said that if crypto is used in the right way, it can help the US economy develop further. So guys just be safe on the internet!
I think people should take the issue of online fraud especially on crypto seriously. The internet isnt longer safe as such everyone should take it seriously.
 
Crypto as you said is definitely an issue but governments of several countries have imposed strong laws now we should be able to see some difference in the amount of money used illegally within a few years from now on
 
This is the utmost duty of those in authority to enact laws that will punish offenders in no little way so that upcoming fraudsters will refrain from it
 
I think people should take the issue of online fraud especially on crypto seriously. The internet isnt longer safe as such everyone should take it seriously.
True, they should. These Only frauds/Scammers are mostly dealing with huge amount of money. They tend to have s lot of victims too.
 
One thing for sure is that crypto has no bearer to pay on demand because it has no reserves it was just created and does not exist in a tangible form.That means that at some point it has to be translated into actual cash.If a protocol was set up in that manner everything would have made alot of sense.In this case it means if the point where it is cashed out if it can be traced then it would make alot of sense.
 
True, they should. These Only frauds/Scammers are mostly dealing with huge amount of money. They tend to have s lot of victims too.
Criminals are one set of very greedy people abd as such they defraud people of huge amount of people at a time. The money that thry steal must times is always in millions
 
One thing for sure is that crypto has no bearer to pay on demand because it has no reserves it was just created and does not exist in a tangible form.That means that at some point it has to be translated into actual cash.If a protocol was set up in that manner everything would have made alot of sense.In this case it means if the point where it is cashed out if it can be traced then it would make alot of sense.
Excellent thinking! I agree that this should be feasible if the necessary stakeholders put heads together. One thing is, what if the coins get translated to cash through the third or even the tenth link in the chain? It is possible that the original thief would be lost in all that.
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.